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Federal Reserve:Meetings/2023 March 22: Difference between revisions
Federal Reserve:Meetings/2023 March 22 (view source)
Revision as of 19:57, 21 March 2023
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- The FED should not hike more, and should evaluate the effects of what have already done | - The FED should not hike more, and should evaluate the effects of what have already done | ||
Jim Bianco: <ref>https://twitter.com/biancoresearch/status/1638238879995269120</ref> | |||
Many think the Fed wants to project the banking system is not bad enough to halt their hiking campaign, so they will hike. This no longer works, and the Fed knows it. If the market is worried and wants a hold (or cut), and the Fed hikes, the market is not assured. Instead, the move would immediately and violently blow up in the Fed’s face. So this is not about “faking out” the market into thinking all is ok. It is about matching the policy to the mood. | |||
== References == | == References == | ||